Samsung Csr Case Study
the future business executives to take heed of the responsibilities that had come to rest on the shoulders of business leaders (Spector 2008). In this connection, Bert Spector has argued that the roots of the current social responsibility movement can be traced to the period 1945–1960, the early years of the Cold War.
Arguments for and against CSR Ever since the debate over CSR began, supporters and detractors have been articulating the arguments for the idea of CSR and the arguments against the concept of CSR. These arguments have been discussed extensively elsewhere, but a brief recapitulation of them makes sense as we lead up to presenting the ‘business case’. Embedded in the arguments both for and against CSR are points which have been
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The Golden Peacock Award was given away by H.E. Humaid Mohamed Obaid Al Qutami, UAE Minister of Education and Justice M. N. Venkatachaliah, Chairman, Institute of Directors and former Chief Justice of India. Ruchika Batra, GM-Corporate Communications, Samsung South West Asia HQ was given the award in the presence of eminent leaders from the industry. The Award recognises the Company’s CSR initiatives in the areas of Education, Sports, Arts and …show more content…
At Samsung, we are committed to giving back to the community and our projects in the areas of education, culture, sports and community development are aimed at making a positive difference in the lives of the beneficiaries,” states B D Park, President & CEO, South West Asia HQ, Samsung Electronics and MD, Samsung India. The Nanum Village project in Noida is the latest addition to several CSR projects undertaken by Samsung in India. A group of volunteers from Samsung Electronics' headquarters in Korea have been working in Sriperumbudur, Tamil Nadu and now in Delhi, for the past three weeks, as part of the Company's global employee volunteer program. The volunteers set up a Samsung Smart Class in the Keeranallur Government High School, carried out repair works in the school, taught students basic hygiene and involved them in various physical education activities. Some volunteers also supported health check-up camps organized by Samsung India in around 10 villages in Sriperumbudur. Samsung volunteers are currently working in the Sarvodaya Secondary School, Sawada carrying out educational activities. Samsung Electronics Co. Ltd5 CSR programmes focus in the areas of education, culture, sports, social welfare and community development. Under its CSR initiatives, Samsung is already working on projects like Guru Shiksha programme, Samsung Smart
Milton Friedman's Views On Social Responsibility Of Business
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1858 Words | 8 PagesIt is the firm’s obligation to evaluate in its decision-making processes the effects of its decisions on the external social system in a manner that will accomplish social benefits along with the traditional economic gains, which the firm seeks. It means that social responsibility begins where the law ends. A firm is not being socially responsible if it merely complies with the minimum requirements of the law, because this is what any good citizen would do.” A firm will not survive without the support of both the stakeholders and shareholders, thus the CSR proposes the indication which states that a firm can never exist In a vacuum (Khalidah et. al.).
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3371 Words | 14 PagesCorporate Social responsibility is an integral part of the Strategy of the company as responsibility; ethics and responsibility are the solid ground on which Vodafone deals with its customers. The organizational structure of Vodafone Egypt is as follows: • CEO: Ahmed Essam • CFO: Marwa el Ayouti • Consumer Business Unit Director: NihalZaki • Strategy Director: Emad el Azhary • HR Director: KhaledMostafa • External Affairs and Legal Director: Khaled Hegazy • Customer Care Director: Ashraf Helal • Enterprise Business Unit Director: Nick Gliddon • International Services Director: Sherif Bakir • Technology Director: Osama Said Vodafone has always aimed high for everything which is why it is the leading telecom industry; a core reason for this success starts in its mission. “To be admired as a diver ethical company operating responsibly and providing products and services that enable a more sustainable society for our customers and our community by being the leading telecommunication company for” Etisalat:
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3408 Words | 14 PagesInvolved in CSR activities are proven to create good image and reputation for a company. In the long run, it helps a company to increase shareholders’ value and achieve sustainable business
Volkswagen Code Of Ethics Analysis
1155 Words | 5 PagesDavis (as cited by Khalidah, Zulkufly, & Lau, 2014) defined Corporate Social Responsibility (CSR) as “… the firm’s consideration of, and response to, issues beyond the narrow economic, technical, and legal requirements of the firm. It is the firm’s obligation to evaluate in its decision-making processes the effects of its decisions on the external social system in a manner that will accomplish social benefits along with the traditional economic gains, which the firm seeks. It means that social responsibility begins where the law ends. A firm is not being socially responsible if it merely complies with the minimum requirements of the law, because this is what any good citizen would do.” A firm will not survive without the support of both the stakeholders and shareholders, thus the CSR proposes the indication which stats that a firm can never exist In a vacuum (Khalidah et.
Samsung: A Case Study: Cost Structure Of Samsung
850 Words | 4 Pages• That is comparatively more from last year's Galaxy S7 Edge which costs $271.20 to produce. Activities at Samsung Samsung has aimed to carry out various environmentally focused campaigns in all corners of the globe. Samsung’s campaign include directing the earth a cleaner, healthier place to live for e.g. Samsung employee around the world have personally participated in environmental cleanups, end of life(EOL) recovery campaign and community tree plantings. Samsung Engineering seeks to make better conditions around the globe through our various social contribution programs. Company-wide, Samsung utilize their strengths and resources to benefit local communities and help children and families who are in need.
Samsung Case Study: Samsung Business Strategy
899 Words | 4 Pages• Change: Samsung always comes up with new products and innovative services in order to fulfill their customers’ needs and demands. • Integrity: Samsung makes sure that ethics are followed at each and every level and thus stay faithful and give respect to its stakeholders (Globart, 2012). • Co-prosperity: For a business to prosper, it is very much needed that auxiliaries, employers and others too, must be given opportunities to flourish. Samsung strongly believes in it and move ahead by taking everyone together. They are fulfilling their responsibilities towards society and environment as well by being a responsible corporate citizen (Annual Report, 2013).
Marketing Case Study: Hindustan Unilever
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Tesla Corporate Social Responsibility Analysis
713 Words | 3 PagesCorporate Social Responsibility (CSR) relates to the actions of an organization and the effects on the environment and social wellbeing. It is about the way that the company assesses its actions and takes responsibility for this. (Investopedia, n.d.) CSR is a management concept whereby companies integrate social and environmental issues in their business operations and interactions with stakeholders. The company aims to achieve a balance of economic, environmental and social objectives, while also listening to the needs of stakeholders.
Examples Of Ethical Responsibility
902 Words | 4 PagesCSR plays an important role in world of business as it implies to do well by doing good. A large number of multinational units have set global standards, in which same technology is used throughout the world. This helps to create a strategic advantage as well as also serves to elevate the technological expectations. The CSR initiatives not only help in creating awareness and education, but it also helps in ensuring the growth of middle class people. Some of the companies make use of it by expansion of their consumer base in rural as well as urban areas.
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